St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-08
A RTICLEs OF INCORPORATION OF
n the North ST. Paul Electric Light and

A RTICLES OF INCORPORATION OF
n the North st. Paul Electric Light and
Power Company"
We, the undersigned do hereby associate
ourselves together for the purpose of form
1ng creating. and organizing corporation
pursuant to the provisions of an act relating
10 manufacturing corporations, approved
March 2, 1873, General Laws of the State of
Minnesota, 1873, chapter II and the several
acts amendatory thereof and for that pur-
pose do hereby adopt and sign the following
articles OF incorporation, viz:
FIrst-The name of said corporation is and
shall be North st. Paul Electric Light and
Power Company"
The general nature of the business of said
corporation shall be to manufacture, supply,
distribute aud sell electricity for the purpose
OF furnishing light, heat or motive power,
ana the principal place of transacting SAID
sey. state of Minnesota
eecond-The time of commencement of
SAID corporation shall be on the 27th day of
October, A. D. 1887, and said corporation
snaiI continue for the period of thirty 600
years from and after said date.
Th1rd-The amount of capital stock of said
corporation shall be one hundred thousand
tSlO0,000) dollars, and the same shall be
ciasslned In such manner as the board of
directors may direct, and shall be paid in
when, as, in such manner and in such
amounts as the board of directors may by
resolution from time to time require
Fourth-The highest amount of indebted
ness or Inability to which such corporation
shall at any time be subject is fifty thousand
dollars $50, OOuO
F!fth-The names Bnd places of residence
or the persons forming this association for
corporation are as follows: Edward r. Gil
man, residing at st. Paul, Mimi; Frank W.
N. Cutcheon residing at st. Paul, Mimi;
Cnarles A. Daigh. residing at ST. Paul. Mimi,
ana Harry W. Turner, residing at ST. Paul,
MINI.
Sixth-The government of the corporation
ana the management of its affairs shall be
vested III board of directors and such per-
sons under them as they may from time to
time select or appoint
SAID board of directors shall consist of not
less than three or more than seven, and shall
be chosen from and by the stockholders of
sald corporation at the annual meeting there
Oh, 10 be held on the second Monday of No.
vember OF each year, and shall hold office for
one year or until their successors shall be,
elected and qualified
The number which shall constitute the
poaru OF directors for the ensuing year shall
be determined by the corporation at each an
nual meeting electing such board before
such election.
The first annual meeting of this corpora
t1On snail be held on the second Monday in
November, A. ID. 1887.
The directors shall in each year, immedi
ately after their election. organize and electa
president, vice president. secretary and
treasurer, who shall be the officers of the
corporation, and who shall hold their offices
for such periods and shall perform such du-
ties and shall have such powers as the by
laws OF the CORPORATION shall prescribe, all
OF whom shall be chosen from the board of
directors; and any two of such offices, ex-
cept those of president and vice president
may be held by the same person.
The names of the first board of directors of
the said corporation are: Edward R. Gil
man, Charles A. Daigh and Harry W. Turner
and the first officers of the corporation shall
be Edward r. Gilman, president of said cor
poratlon; Harry W. Turner. vice president;
ana charles A. Daigh. secretary and treas
urer. And said directors and officers shall
hold their offices until the first annual meet
ing of said corporation and until their sue
ceSsors are elected and qualified.
Seyenth-The number of shares of the
capital stock of the said North ST. Paul Elec-
trlc Light and Power company shall be two
thousand OF the par value of fifty dollars
$50 each.
In witness whereofwe have hereunto set,
our hands and seals this 21st day of October,
A. D. 1887.
EDWARD R. GILMAN, ISeal.l
FRANK W. M. CUTCHEON, lSeal.I
CHARLES A. DAIGH Seal.f
Fl. w. TURNER. Seal1
In presence of
JNo. G.. DRESSER,
WILLIAM A. DRESSER